One Little Daisy

Natural light wedding and portrait photography specialising in family and toddlers.

[One Little Daisy @1LittleDaisy]

@HMRCcustomers does SEISS count as “turnover” for a business or will it be recorded separately on our tax return?

[One Little Daisy @1LittleDaisy]

@iamsannay can you help? my daughter had her @PlayAdoptMe account hacked :-( lost all her pets at 4am. Will adopt me make it right?

[One Little Daisy @1LittleDaisy]

Anyone looking for wall art - i recommend @lucyart. Rob Haigh has gone above and beyond today to make a big difference to a client of mine.

[One Little Daisy @1LittleDaisy]

@HMRCcustomers No I meant the new one announced today for nov to April

[One Little Daisy @1LittleDaisy]

@HMRCcustomers the extended SEISS - how are the average monthly profits calculated? 2016-2019 tax returns again?

[One Little Daisy @1LittleDaisy]

@hmtreasury the extended SEISS - how are the average monthly profits calculated? 2016-2019 tax returns again?

[One Little Daisy @1LittleDaisy]

@educationgovuk do you have details of this “triple lock” rule written anywhere I can read.

[One Little Daisy @1LittleDaisy]

@HMRCcustomers Thanks

[One Little Daisy @1LittleDaisy]

@HMRCcustomers if I am a sole trader and I wish to enter a partnership in a different business entirely - would these businesses remain separate for VAT threshold purposes or do they combine?

[One Little Daisy @1LittleDaisy]

@HMRCcustomers Thanks! What about if it were two partnerships where both partners were the same in each business but the two businesses were totally different. Say a general store and a web design company

[One Little Daisy @1LittleDaisy]

@HMRCcustomers is there a time limit for when we can apply for the self employed grant that opens for applications this week? Do we have to apply within a time frame?

[One Little Daisy @1LittleDaisy]

@HMRCcustomers Asking for a colleague who isn’t on Twitter. Yes they traded up to October 2019 before going limited. So 2019/2020 will still do a sole trader tax return.

[One Little Daisy @1LittleDaisy]

@HMRCcustomers Great. Thank you

[One Little Daisy @1LittleDaisy]

@HMRCcustomers can you clarify what “trading” profit is? Is this just net profit or is it net profit plus capital allowances?

[One Little Daisy @1LittleDaisy]

@HMRCcustomers Ok thanks

[One Little Daisy @1LittleDaisy]

@HMRCcustomers Any update on this for me?

[One Little Daisy @1LittleDaisy]

@PhilipDonnanAcc @HMRCcustomers Yeah that’s what I’m battling with. So which of those figures is hmrc using? Needs clarity

[One Little Daisy @1LittleDaisy]

@PhilipDonnanAcc @HMRCcustomers Not yet. Hopefully hear soon. Seems a strange term “trading profit”. Net profit is what’s used in tax return after expenses including capital allowances

[One Little Daisy @1LittleDaisy]

@HMRCcustomers Ok thanks.